Write a thoughtful research paper on the following topic: What was the most common form of payment accepted in the US during the 20th century?Insurance is based on pooling of losses, payment for random losses, risk transfer, and indemnification. As a result, insurers use several different approaches to mitigate their risk and set premium rates, including:
the fee-for-service method
the cost-plus approach
population health – capitation
For your assignment, evaluate two global payment systems within healthcare and address each of the following items:
Define the structure of the payment systems.
Identify risk to loss of revenue in each system.
Describe advantages and disadvantages of each system.
Identify how pay for performance can be added to each payment system.
Requirements:
must include a minimum of five credible sources.
the paper must follow academic writing standards and APA 7th edition requirements, as appropriate.
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